For more than 80 years, Nossaman has been home to some of the brightest legal minds and most creative thinkers. We know the land, the law, the courts and the lawmakers and have earned a national reputation for assisting clients in achieving their goals. As a result, public agencies, private corporations, trade associations and non-profits from coast to coast trust us with their environment & land use, endangered species and natural resource law challenges. In our Digging Into Land Use Law podcast, our attorneys and policy advisors, along with some special guests, discuss the development of all things in, on or above the ground.
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For more than 80 years, Nossaman has been home to some of the brightest legal minds and most creative thinkers. We know the land, the law, the courts and the lawmakers and have earned a national reputation for assisting clients in achieving their goals. As a result, public agencies, private corporations, trade associations and non-profits from coast to coast trust us with their environment & land use, endangered species and natural resource law challenges. In our Digging Into Land Use Law podcast, our attorneys and policy advisors, along with some special guests, discuss the development of all things in, on or above the ground.
Market Rent Adjustment Provisions in Long-Term Ground Leases
Digging Into Land Use Law
50 minutes
4 years ago
Market Rent Adjustment Provisions in Long-Term Ground Leases
In this episode of Digging Into Land Use Law, Nossaman Real Estate Group Co-Chair David Graeler and associate Maya Hamouie discuss myriad problems that may arise when a market rent adjustment provision in a long-term ground lease is stated unclearly. David and Maya, along with guest speaker Scott Delahooke, MAI, review a recent market rent adjustment arbitration concerning a long-term ground lease, the key California case law at issue in the dispute, the different valuation approaches taken by the ground lessor and ground lessee, the differences in approaching valuations in California versus other jurisdictions and how the arbitration panel ruled. They also discuss ways to draft rent-adjustment provisions to more clearly lay out the adjustment process and to hopefully reduce the likelihood of litigation.
Digging Into Land Use Law
For more than 80 years, Nossaman has been home to some of the brightest legal minds and most creative thinkers. We know the land, the law, the courts and the lawmakers and have earned a national reputation for assisting clients in achieving their goals. As a result, public agencies, private corporations, trade associations and non-profits from coast to coast trust us with their environment & land use, endangered species and natural resource law challenges. In our Digging Into Land Use Law podcast, our attorneys and policy advisors, along with some special guests, discuss the development of all things in, on or above the ground.
